Bank Independent: Efficiency Ratio
Data as of · sourced from FFIEC call reports. How we update
Bank Independent reported an efficiency ratio of 88.68% as of Q2 2026, ranking #3,457 of 3,608 U.S. banks (4th percentile). That is up 18.31 percentage points from 70.37% a year earlier, and above the 58.00% median of the 853 Large Community Banks ($1B–$10B in assets). The efficiency ratio measures non-interest operating expense against net revenue. A lower ratio means the bank converts more of each revenue dollar into pre-tax income.
12-Quarter Trend
National Context
What is the Efficiency Ratio?
A bank's efficiency ratio is its noninterest expense divided by its revenue, net interest income plus noninterest income. It shows how many cents the bank spends to earn each dollar of revenue, so a lower ratio is better.
Compare banks of similar size and business model. Very small banks rarely run below 60% because fixed costs are spread over less revenue, and fee-heavy banks with trust or mortgage businesses carry higher expense against their revenue. The trend matters as much as the level: a rising ratio means expenses are growing faster than revenue. A very low ratio can also mean underinvestment in staff or systems.
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What is Bank Independent's Efficiency Ratio?
Bank Independent's Efficiency Ratio was 88.68% as of Q2 2026, ranking #3457 of 3,608 U.S. banks.
What is the Efficiency Ratio?
A bank's efficiency ratio is its noninterest expense divided by its revenue, net interest income plus noninterest income. It shows how many cents the bank spends to earn each dollar of revenue, so a lower ratio is better.
More Bank Independent metrics
Source: FFIEC call reports, standardized by BankRegReports. Values are point-in-time as filed. See the full Bank Independent profile or how this data updates. The figures come from the bank's call report.
Regulator records: FDIC BankFind (cert 16604) · FFIEC NIC profile (RSSD 539032)